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EV-to-OCF is calculated as enterprise value divided by its cash flow from operations. As of today, Ares Management's Enterprise Value is $47,916 Mil.
Ares Management's Cash Flow from Operations for the trailing twelve months (TTM) ended in Jun. 2026 was $-738 Mil. Therefore, Ares Management's EV-to-OCF for today is -64.90.
The historical rank and industry rank for Ares Management's EV-to-OCF or its related term are showing as below:
ARES'
s EV-to-OCF Range Over the Past 10 Years
Min: -227.13 Med: -7.11 Max: 274.74
Current: -64.9
During the past 13 years, the highest EV-to-OCF of Ares Management was 274.74. The lowest was -227.13. And the median was -7.11.
ARES's EV-to-OCF is ranked better than 89.64% of 1496
companies
in the Asset Management industry
Industry Median: 6.85
vs ARES: -64.90
EV-to-OCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.
EV-to-OCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.
Ares Management's PE Ratio (TTM) for today is calculated as:
Ares Management's share price for today is $126.63.
Ares Management's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $2.193.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Enterprise Value is used because it is a more complete measure in reflecting how much an investor pays when buying a company. Cash Flow from Operations is an important financial metric because it represents the cash generated from operating activities at a company's disposal. Companies with a low EV-to-OCF ratio, combined with a strong balance sheet are generally considered as undervalued.
Ares Management EV-to-OCF Related Terms
Ares Management EV-to-OCF Historical Data
* Premium members only.
The historical data trend for Ares Management's EV-to-OCF can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Asset Management subindustry, Ares Management's EV-to-OCF, along with its competitors' market caps and EV-to-OCF data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Ares Management EV-to-OCF vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Ares Management's EV-to-OCF distribution charts can be found below:
* The bar in red indicates where Ares Management's EV-to-OCF falls into.
Ares Management's current Enterprise Value is $47,916 Mil.
Ares Management's Cash Flow from Operations for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $-738 Mil.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Ares Management (ARES) has a EV-to-OCF of -64.90 as of Sep. 21, 2026. According to the industry distribution chart, Ares Management ranks #155 out of 1496 companies in the Asset Management industry, placing it in the top 10.4%.
Is Ares Management's EV-to-OCF too high?
Ares Management's current EV-to-OCF is -64.90. Based on the distribution chart, Ares Management ranks #155 out of 1496 companies in the Asset Management industry, which is in the top quartile — a strong position relative to peers. Overall, Ares Management has a GF Score™ of 81/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Ares Management's EV-to-OCF compare to NTRS and RJF?
According to the Asset Management industry distribution chart, Ares Management ranks #155 out of 1496 companies for EV-to-OCF. This places Ares Management in the top 10% of its industry — outperforming the majority of peers. The industry median EV-to-OCF is 6.85. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EV-to-OCF for an Asset Management company?
The median EV-to-OCF among Asset Management companies is 6.85, based on 1,496 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-OCF significantly above this median, while those in the bottom quartile fall well below. However, EV-to-OCF should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EV-to-OCF mean?
A high EV-to-OCF can signal that a stock is expensive relative to its fundamentals. For the Asset Management industry, the median EV-to-OCF is 6.85 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ares Management's current EV-to-OCF is -64.90. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ares Management stock overvalued right now?
Based on GuruFocus' analysis, Ares Management (ARES) is currently considered Possible Value Trap. The stock's GF Value™ is $182.98, compared to a current price of $126.63 — trading 30.8% below its estimated fair value. The current EV-to-OCF is -64.90. Ares Management's overall GF Score™ is 81/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-OCF calculated?
EV-to-OCF is calculated from a company's financial statements. For Ares Management (ARES), the current EV-to-OCF is -64.90 as of Sep. 21, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Ares Management (ARES) Overvalued in 2026?
Based on GuruFocus' analysis, Ares Management stock appears to be undervalued.
The current stock price of $126.63 is trading 30.8% below its estimated GF Value™ of $182.98.
GuruFocus considers Ares Management to be Possible Value Trap.
Key valuation signals for ARES:
EV-to-OCF: -64.90
GF Value™: $182.98 vs. price of $126.63 (30.8% below fair value)
No single metric tells the full story. See the ARES stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Ares Management is one of the world's largest alternative-asset managers, with $622.5 billion in total assets under management, or AUM, including $384.9 billion in fee-earning AUM, at the end of 2025. The company has four main business segments: credit strategies ($406.9 billion in total AUM and $249.8 billion in fee-earning AUM), private equity, ($25.3 billion/$14.4 billion), real estate/real assets ($139.1 billion/$84.1 billion), and other alternatives ($51.2 billion/$36.6 billion). The firm primarily serves institutional investors (80% of AUM) and high-net-worth individuals (20%). Ares operates through more than 35 offices in over 15 countries around the globe.
81GF Score
Get the complete analysis for ARES
EV-to-OCF is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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